Thursday, 16 October 2014

Boris defends overseas investment


Boris Johnson, speaking at the UK MIPIM property conference, has defended the injection of overseas money into the London housing market saying there was "no logic" to bashing overseas investment, but there was a "social injustice" that Londoners could not afford to live near their workplace. He promised 500,000 affordable new homes for Londoners over the next 10 years. Meanwhile, the conference was disrupted by protestors who sought to raise awareness of the capital’s housing crisis. Sam Middleton, of the activist group Focus E15 Mums, said: “MIPIM is the place where these problems begin. It's where the councils sell off public land behind closed doors.”
 published  inThe Guardian, 

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